1209 Palomar Circle
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 28, 2022 | No longer available | - | |
| No longer available | |||
| Aug 27, 2022 | In contract | - | |
| In contract | |||
| Aug 12, 2022 | Listed by Windermere Homes & Estates | $1,499,000 | |
| Listed by Windermere Homes & Estates | |||
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Single Story Move in Ready built 2019 Home with Owned Solar System! Located at the entrance to the San Pasqual Valley, Rancho Palomar is a small intimate neighborhood of just 22 homes on large private lots with space between neighbors and panoramic views. Private front entry porch; open great room with oversized kitchen and big island perfect for entertaining; included outdoor covered California Room is made for the outdoor/indoor living lifestyle. Open and inviting floor plan that is situated on just over 1/2 acre lot with a sparkling low maintenance Salt Water Pool, 10 person Spa and a beautiful outdoor Kitchen. All outdoor Furniture conveys! Gas operated fire-pit. Off of the entry is a large den area that can be used as an office or formal dining or enclose for a 5th room of your choice. Great Room features high ceilings and fire place and opens up to the outdoor California Room. The oversized Kitchen features a large island perfect for entertaining, and finishes include Hamilton White cabinetry with chrome cabinet pulls, Whirlpool stainless steel appliance package and granite countertops. Master Suite features a stunning all custom-built in master closet. The 4th Bedroom has its own private bath and walk-in closet and easily serves as a private guest room. Neighborhoods: Rancho Palomar Other Fees: 0 Sewer: Septic Installed, See supplement for upgrades. The manager has listed the unit size as 2924 square feet.
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| Jun 27, 2019 | Sold | ||
| Sold | |||
| May 22, 2019 | Listed by SureSell Real Estate | $858,356 | |
| Listed by SureSell Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017